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17 February 2025 | 69 replies
Quote from @Jay Hinrichs: Loudoun County Virginia80 acre parcel Entitlement for 30 1 to 1.5 acre estate lots and 40 acre remainder parcel with large million dollar home.Purchase price 3.5 milEM deposits non refundable 50k up front 50k during Entitlement cost ( survey, geo , water , artifacts, Soils Engineer , city fees) 350k Capital partner ME provide all the cash up front. 450k to my client who found and prosecuted the platMultiple offers from all the biggest builders in that market IE Toll Lennar DR and a few regionals.Closed today with 1.1 million cash profit PLUS the 40 acres and home value about at least 2 mil free and clear.My fee is double my money so we made 450k today.My client made about 650k in cash and the property free and clear..
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19 February 2025 | 4 replies
Is there a reason you’re selling that’s non-negotiable?
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17 February 2025 | 4 replies
@Kerry Baird These are renovation loans traditional lenders sponsor to help homebuyers.
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8 February 2025 | 12 replies
Hello Lenders,I am a private money lender.My question is---When does the seasoning period start?
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24 February 2025 | 0 replies
I’m looking to find all sorts of people to work with, contractors, agents, private lenders, staging businesses.
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9 February 2025 | 4 replies
Quote from @Dinesh Nair: I am a Canadian investor with a US corporate entity- we closed on our first property and now working to find financing through a lender… however rates keep changing all the time.. is there a site to track rates ?
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22 February 2025 | 15 replies
Quote from @Ricardo Marquez: Hi @Jennifer Stammberger this is Ricardo from yourserviceva, we are a real estate agency with non accent cold callers ready to start whenever you want, I'll text you our info on private also-Ricardo Marquez Hi Recardo, I am looking for a good cold calling company as well, to help call and negotiate RE property prices with prospective sellers.Looking forward to your response.
9 January 2025 | 7 replies
I have multiple properties and am thinking of just doing non qm loans moving forward.
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20 February 2025 | 7 replies
However, I am also considering duplex and tri-/quad-plex assets if they pencil.Additionally, I currently work for a locally-based commercial developer/lender on multifamily, land, and some hospitality projects.
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20 February 2025 | 1 reply
Successful flippers are:- Building relationships with reliable contractors- Ordering materials well in advance- Being strategic about which renovations will truly deliver ROI Regulatory EnvironmentRecent changes to Phoenix building codes have emphasized:- Stricter energy efficiency requirements- More rigorous inspection processes- Additional permits for certain types of renovationsBe prepared for longer permitting timelines than in years past.Financial ConsiderationsThe financing landscape has evolved significantly:- Hard money lenders are offering more competitive rates (7-9%) than the 12-14% seen in 2022- Several Phoenix-specific investment groups have emerged that pool resources for flips- Traditional lenders now offer more renovation loan products tailored specifically to the Arizona marketThe Bottom LineThe Phoenix market in 2025 offers solid opportunity for house flippers who approach projects strategically.